Watercrest Condo 6201 Thomas Dr Unit 405 Panama City, FL 32408
Estimated payment $4,859/month
Highlights
- Beach
- Property fronts gulf or ocean
- 24-Hour Security
- J.R. Arnold High School Rated A-
- Deeded access to the beach
- In Ground Pool
About This Home
If you want a condo at Watercrest, now is the time to make a decision on this one. This is a low floor that renters love and is centered on the pool. EVERYTHING IS RENTAL OR LIVING READY...... YOU DON'T HAVE TO SPEND ANY MONEY! The entire building got a face lift, including doors, windows, walls, roof, painting etc. There are NEW Sliding Glass Doors off the living room and master bedroom. There is a NEW CENTRAL Heating & Cooling System that makes the Electric Bills much lower. This is included in the Association Fees. One could say that Watercrest is now one of the most newly renovated buildings on the Beach. The Spacious Balcony rewards you with the Most Beautiful Beach Views of the Gulf. This Balcony is HUGE and one can sit on it while there is pouring down rain and NOT GET WET! It can hold a huge crowd comfortably. The Kitchen has new cabinets & counter tops .....also included is a Washer and Dryer in a nice sized laundry room. Master Bedroom is spacious with a King Sized Bed, second bedroom is large as well with Queen Beds. These bedrooms are also over sized and spacious which you won't find in the newer buildings. The bathrooms are partially updated. Other Amenities include a heated pool, hot tub, kitty pool, BBQ grills, exercise room, conference room, tennis courts, pickleball, racket ball court, shuffleboard and a tiki bar with snacks and water toys available for purchase. There is also on-site vending machines, ice machine, and ATM. Across the street you will find a storage area for your jet skis, boat, or trailer. Watercrest is one of the BEST managed condos on the Beach with numerous awards over the years. There is a FULL TIME MANAGER on site, plus security guards and security cameras, with a TV monitoring security office. The Homeowners Association has been very responsible and maintained a tightly run ship that has been financially responsible. Reserves have been maintained and is in better shape than most other complexes on PCB. The Owners are a big family that work well together......a GREAT place to own a condo! This Condo is centrally located and in close proximity to Captain Anderson's, Schooners, Publix Supermarket, fantastic shopping, St. Andrews State Park, all kinds of entertainment. Watercrest has a private beach and newly updated swimming pool. This unit is perfect for family beach getaway or it could be an income generating rental machine. Enjoy your coffee in the morning on your private balcony and your cocktails as the sun sets. Be sure and catch the ''Green Flash'' as the sun falls into the sea !
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,266
Year Built
- Built in 1987
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $1,041 Monthly HOA Fees
Parking
- Parking Permit Required
Home Design
- Entry on the 4th floor
- Pillar, Post or Pier Foundation
- Stucco
Interior Spaces
- 1,379 Sq Ft Home
- Furnished
- Ceiling Fan
- Living Room
- Stacked Washer and Dryer
Kitchen
- Electric Oven
- Electric Range
- Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Home Security
Outdoor Features
- In Ground Pool
- Deeded access to the beach
- Balcony
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
Overview
- Association fees include management, clubhouse, cable TV, insurance, internet, legal/accounting, ground maintenance, pest control, pool(s), security, tennis courts, trash, water
- High-Rise Condominium
- Watercrest Condo Subdivision
Amenities
- Community Barbecue Grill
- Clubhouse
- Game Room
- Elevator
Recreation
- Beach
- Park
Security
- 24-Hour Security
- Fire and Smoke Detector
- Fire Escape
Map
About Watercrest Condo
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,266 | $278,879 | -- | -- |
| 2023 | $4,266 | $253,526 | $0 | $446,250 |
| 2022 | $3,730 | $230,478 | $0 | $0 |
| 2021 | $2,553 | $209,525 | $0 | $209,525 |
| 2020 | $1,903 | $209,525 | $0 | $0 |
| 2019 | $1,938 | $192,010 | $0 | $192,010 |
| 2018 | $2,263 | $215,391 | $0 | $0 |
| 2017 | $2,227 | $210,961 | $0 | $0 |
| 2016 | $2,462 | $188,700 | $0 | $0 |
| 2015 | $2,432 | $151,564 | $0 | $0 |
| 2014 | $1,856 | $137,785 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | For Sale | $649,900 | 0.0% | $471 / Sq Ft |
| 05/12/2025 05/12/25 | Off Market | $649,900 | -- | -- |
| 02/21/2025 02/21/25 | Price Changed | $649,900 | 0.0% | $471 / Sq Ft |
| 01/03/2025 01/03/25 | Price Changed | $650,000 | +4.0% | $471 / Sq Ft |
| 07/11/2024 07/11/24 | Price Changed | $624,800 | 0.0% | $453 / Sq Ft |
| 05/14/2024 05/14/24 | For Sale | $625,000 | -- | $453 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $205,000 | Attorney | |
| Interfamily Deed Transfer | -- | Lawyers Title Agency Of Nort |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $110,000 | Credit Line Revolving | |
| Previous Owner | $142,000 | New Conventional | |
| Previous Owner | $135,000 | New Conventional |
Source: Central Panhandle Association of REALTORS®
MLS Number: 757080
APN: 30585-235-000
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